ASHTON MINING OF CANADA (ACA) Message Board

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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA)

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To: Jesse who wrote (4794)	4/13/1998 10:53:00 AM
From: Famularo	Read Replies (2) of 7966

>>> Sheldon postulated that to date, they (Ashton et al.) have been getting clear, white stones from their samples consistently. Sheldon said that stones recovered have been of gem quality about 70%-75% of the time. ( ! ) DS went on to say that this suggests a 60%-65% end gem quality rate.<<< I and a few others almost shit in our pants that Don would make such a statement. I would have thought that gem quality on the little sample should have been kept confidential until at least the 450t sampling is complete. The gem quality can change drastically but gives us a good indication of where we are heading. As well, the value placed on the yellow stone of 11,000 has been a rumor for a while but now that he verbally said this in public leads me to beleive that Pure Gold is putting pressure on Ashton to release such info. I wonder what Ashton had to say about this. I suspect that the markets don't beleive Don Sheldon's remarks, otherwise, the stock would not be trading at these prices. Such confirmation should have easily given both Ashton and Pure Gold an increase of at least 25% market cap.

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